Most Popular
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AI textbook bubble could burst, expert warns
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Ex-presidential official’s leaked phone call rattles conservative bloc
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Food tycoon Paik Jong-won's Theborn Korea pushes toward IPO
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Samsung tightens its belt amid crisis winds
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North Korean trash balloons cross border day after Seoul military parade
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Pay debate plagues foreign nanny pilot
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Prosecution closes 'Dior bag' case amid opposition uproar
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K-pop star lip-syncing controversy flares up again
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Man escapes DUI charges by downing bottle of soju while pulled over
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35% of S. Koreans view unification 'unnecessary'
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S. Korea, Iran to expand cooperation
Iran's top diplomat has requested more investment by South Korean firms in his country as the lifting of U.N.-led sanctions nears, according to the Foreign Ministry in South Korea on Thursday.Meeting with his South Korean counterpart Yun Byung-se in New York, Foreign Minister Mohammad Javad Zarif said Iranian people have a good image of South Korean companies."Minister Zarif requested that South Korean firms launch businesses in Iran more actively," the ministry said after the Yun-Zarif meeting.
InternationalOct. 1, 2015
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LG Electronics unveils new smartphone with enhanced camera
South Korea's No. 2 handset maker, LG Electronics Inc., on Thursday showcased its latest high-end smartphone that comes with improved cameras and a dual-display experience, hoping that its mobile business could recover from a deep trough amid increased competition from rivals such as Apple Inc. and other mid-to-low end smartphone makers.The 5.7-inch LG V10 features a QHD IPS Quantum display and a small rectangular display above the larger screen. Although the display seems integrated, the two se
TechnologyOct. 1, 2015
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Samsung's new smartwatch to go on sale in S. Korea this week
South Korean tech giant Samsung Electronics Co. said Thursday its latest round smartwatch will hit local shelves Friday in its effort to shore up its presence in the global wearable market.First showcased in Berlin in early September, the Samsung Gear S2 is the latest wearable by the world's top smartphone maker, which is striving to bolster its global presence in the smartwatch segment, where the tech firm is lagging far behind archrival Apple Inc. The Gear S2 comes in a circular body that dist
TechnologyOct. 1, 2015
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Park urges N. Korea to stop missile and nuclear programs
President Park Geun-hye urged North Korea Thursday to immediately stop its missile and nuclear weapons programs amid fresh tensions on the Korean Peninsula.Park also warned that if North Korea maintains its nuclear obsession, its isolation will further deepen and it will never develop economically.The North has claimed it was compelled to go nuclear due to Washington's hostile policy against it, though the U.S. has repeatedly said it has no hostile intentions toward North Korea."North Korea shou
North KoreaOct. 1, 2015
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Defense minister requests public support for military
Defense Minister Han Min-koo sought Thursday to drum up public support for his troops as South Korea marked the 67th anniversary of the military's founding."The military is making its utmost efforts to fulfill its duty to rush to where it's most needed and to safeguard the life and property of the people," Han said in his Armed Forces Day message.The military deserves public support only when they stick to their duty, he said, appealing to the people to "extend greater trust and love" toward the
DefenseOct. 1, 2015
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Seven in 10 victims of ferry sinking file for gov't compensation
The government has finished the first phase of the compensation claims process for victims of last year's tragic ferry sinking, with about seven out of every 10 victims and survivors filing for damages, the government said Thursday.As of Wednesday, bereaved families of 208 victims out of the 304 killed in the tragic accident have filed for government compensation that is expected to reach 470 million won ($397,799) for each victim, according to the Ministry of Oceans and Fisheries.Also, 140 out
Social AffairsOct. 1, 2015
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Son Heung-min unlikely to play for S. Korea in World Cup qualifier
Tottenham Hotspurs forward Son Heung-min is unlikely to play for South Korea in an upcoming World Cup qualifier after sustaining a foot injury last weekend, the Premier League club said Wednesday (local time).On their website, the Spurs said Son suffered the injury in a league match against Manchester City, and will miss the club's next match, against AS Monaco in the Europa League on Thursday (local time).The club noted that Son, who joined the London side in August, "has spent the past few day
SoccerOct. 1, 2015
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Volkswagen's recall in S. Korea may hit 120,000 units: sources
German carmaker Volkswagen is expected to recall about 120,000 vehicles sold in South Korea in connection with a deepening diesel emissions scandal, market sources said Thursday.On Wednesday, Audi Volkswagen Korea, the local unit of the German carmaker, submitted its latest sales figures, detailed information about the so-called defeat device and corrective measures to be taken to the environment ministry here, according to the sources. The corrective measures can include a recall of the vehicle
IndustryOct. 1, 2015
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Hyundai Motor recalls 36,484 sedans in China over brake defect
Hyundai Motor Co. is recalling 36,484 sedans in China to fix a defect in the brake systems.Vehicles affected are the Mistra sedans, produced between July 2013 and July 2014, China's quality watchdog said on its website on Wednesday. Problems related to the brake hoses of the sedans presented a potential danger in the operation of the brake systems, the General Administration of Quality Supervision, Inspection and Quarantine said in a statement. Hyundai is replacing the faulty parts in the cars f
IndustryOct. 1, 2015
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Korea to develop 800-km range missiles by 2017
South Korea is pushing to finish its development of ballistic missiles with a range of 800 kilometers by 2017 to deploy them against North Korea's advancing nuclear and missile capacities, officials said Thursday."The Agency for Defense Development has proposed the year 2017 as the time frame for the extension of its ballistic missiles' range in a five-year development plan," one government official said, referring to the defense development agency's road map under the Park Geun-hye administrati
DefenseOct. 1, 2015
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Lawmaker summoned over alleged sex assault
A sitting lawmaker was summoned by the prosecution Thursday over alleged sexual assault.Rep. Sim Hag-bong, who left the ruling Saenuri Party in August, is suspected of sexually assaulting a woman in her 40s at a hotel in Daegu, a major city in North Gyeongsang Province, on July 13. The woman initially said that she was sexually assaulted but later changed her statement, saying there was no coercion. Prosecutors of the Daegu District Prosecutors' Office said they are focusing on whether there was
PoliticsOct. 1, 2015
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Finale of 10-part TV series on S. Korea to be shot in Cheongju
The finale of a 10-part TV series on South Korea's cultural, political and economic aspects will be shot at a state-run museum in the southern city of Cheonju, with a focus on Koreans' lives, their achievements and future vision, the organizer of a pan Northeast Asian cultural event said Thursday.The program, titled "Lee O-young's 100-year Sanctum," has been aired by national broadcaster KBS since late August. So far, six parts have been televised.KBS is producing the special program to mark the
TelevisionOct. 1, 2015
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S. Korean retailers offer promotional sales under 'Korea Black Friday' event
More than 26,000 retailers across the country started massive promotional sales events on Thursday, wooing foreign tourists and locals to buy goods at cheap prices, which the government hopes will help stimulate sagging domestic demand.Under the title, Korea Black Friday, home appliance makers such as Samsung Electronics Co. will also hold various sales events for two weeks.The super sales event is expected to involve some 27,000 stores and markets across the country, making it the very first an
Oct. 1, 2015
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U.S. Pacific commander had asked for more B-52 bombers on Guam during tensions with N. Korea
The U.S. Pacific forces commander requested that an additional six B-52 bombers remain on Guam in August when military tensions were running high on the Korean Peninsula, according to a U.S. military commander.Gen. Robin Rand, commander of the Air Force Global Strike Command, revealed the request during a House Armed Services Committee hearing Tuesday, explaining the roles the U.S. strategic bombers play in defending the country and its allies."Most recently, in North Korea, when there was a fla
InternationalOct. 1, 2015
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S. Korea, Japan hold FM talks, but no agreement on bilateral summit
The foreign ministers of South Korea and Japan on Wednesday discussed preparations for a trilateral summit with China but produced no agreement on whether to hold a bilateral meeting of their leaders for the first time in more than three years.The meeting between Seoul's foreign minister, Yun Byung-se, and his Japanese counterpart, Fumio Kishida, came amid speculation that South Korean President Park Geun-hye and Japanese Prime Minister Shinzo Abe could hold their first bilateral talks when Seou
InternationalOct. 1, 2015
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S. Korea's exports fall 8.3% on-year in Sept.
South Korea's exports dropped for the ninth straight month in September, but its trade surplus hit the second-highest level in the country's history as imports slipped at a faster rate, the government said Thursday.Outbound shipments came to $43.50 billion last month, down 8.3 percent from the same month last year, according to the Ministry of Trade, Industry and Energy.Imports plunged 21.8 percent on-year to $34.56 billion.The country's trade surplus climbed to $8.94 billion from $3.26 billion
Oct. 1, 2015
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S. Korea's industrial output edges up 0.4% in Aug.
South Korea's industrial output inched up in August from the previous month on greater overseas demand for mobile phones and semiconductors, a government report showed Thursday.According to the report by Statistics Korea, production in the mining, manufacturing, gas and electricity industries gained 0.4 percent on-month in August, a turnaround from a 0.3 percent on-month fall in July.Compared with a year earlier, industrial production inched up 0.3 percent."South Korea's overall exports plunged
Oct. 1, 2015
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A year into merger, Kakao eyes next big leap out of weak profits
When Kakao Corp. launched its mobile chat application KakaoTalk in South Korea in early 2010, what lured users most was the fact that it was free. Until then, sending and receiving text messages via a phone had been considered something that you had to pay for. The instant messenger, now used by three in every four smartphone owners here, has effectively changed people's perception of text messaging. It's almost taken for granted these days that mobile chatting is out there at no cost.Analysts s
IndustryOct. 1, 2015
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Russia carries out first air strikes in Syria: U.S.
Russia launched its first air strikes in Syria on Wednesday after President Vladimir Putin won parliamentary permission to use force abroad, the United States said. A U.S. official said the strike was near the city of Homs in what is Moscow’s first engagement in a distant theatre of war since the Soviet occupation of Afghanistan.Russia’s deepening engagement in Syria comes as Putin and U.S. President Barack Obama push rival plans on ways to defeat the Islamic State group in Syria and on the futu
World NewsSept. 30, 2015
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Shareholders file collective suit against Daewoo Shipbuilding
A group of 119 minority shareholders filed a class action suit against Daewoo Shipbuilding & Marine Engineering Co. on Wednesday, demanding 4.1 billion won (US$3.47 million) in compensation for losses from an investment made based on the company’s doctored financial statement.The plaintiff filed the suit with the Seoul Central District Court, claiming the shipbuilder exaggerated profits in the 2014 financial statement by lowering production costs and hiding losses. They also held Deloitte Anjin
Sept. 30, 2015